Covenant Review provides free trials to qualified institutions.

  • Since 2006, investors have relied on Covenant Review for:
    • In depth analysis of indentures and credit agreements by the same lawyers who used to create and exploit loopholes for underwriters and financial sponsors
    • Rapid understanding of event risk
    • Risk management through an educated understanding of investor rights
    • Alpha generation from new investment ideas, often at odds with “conventional wisdom” about the meaning of the documents
    • Benchmark comparison of deal structures
    • A reference tool for understanding covenants and contract rights
  • All analysts are finance educated, bar-admitted lawyers with excellent professional and academic experience from:
    • Top law schools: Georgetown, Harvard, University of Pennsylvania, UT Austin, Fordham, Cardozo
    • Top law firms: Cahill Gordon & Reindel, Gibson Dunn, Latham & Watkins, Simpson Thacher & Bartlett, Weil Gotshal & Manges, White & Case
  • Covenant Review is the undisputed authority on bond and loan covenants:
    • Cited by the Delaware Chancery Court
    • Routinely cited by bondholders, shareholders, and issuers in disputes over contract interpretation
  • Founder and manager Adam Cohen is the leading commentator on covenants:
    • One of seven contributors to the American Bar Association's Model Negotiated Covenants Project for model high yield covenants
    • Active on the Credit Roundtable where he was instrumental in the development of the "White Paper" for model investment grade covenants
    • Co-author of two chapters in Frank Fabozzi’s Handbook of Fixed Income Securities, Eighth Edition
    • Member of the Board of Directors of the Fixed Income Analysts Society